Remove Business Model Remove Lead Investor Remove Management Remove Reputation
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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

” So Ethan went to work as a product manager at Google Video. He had an idea for a startup that would help consumers better book service jobs and would take on Service Magic, which he believed had a business model that could be disrupted. I told Ethan on the spot that I wanted to be the lead investor in his new company.

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Sometimes a Good Loss is Better than a Bad Win

OnlyOnce

Your win might not be sustainable, and you’ve put your reputation at risk. Or you negotiate the highest possible valuation from a new lead investor, only to discover that new lead investor, now on your Board, expects you to triple it in four years and is way out of alignment with the rest of your cap table.

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Sometimes a Good Loss is Better than a Bad Win

OnlyOnce

Your win might not be sustainable, and you’ve put your reputation at risk. Or you negotiate the highest possible valuation from a new lead investor, only to discover that new lead investor, now on your Board, expects you to triple it in four years and is way out of alignment with the rest of your cap table.

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Building a Great Startup Board Pt. 2

Reid Hoffman

In many cases, the CEO is the only member of management who serves on the board. As an entrepreneur, the basic question you must ask yourself is whether the prospective board member can help you achieve the upside – and also manage the downside. You can listen to the podcast here, or search for Greymatter Podcast in your podcatcher.

Startup 36
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LinkedIn's Series B Pitch to Greylock: Pitch Advice for Entrepreneurs

reidhoffman.org

But with so many investors still licking their wounds from the dot-com bust, many focused on proven business models, such as advertising or e-commerce. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue. The general rule is one business model drives the business.

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ProfessorVC: Watch Out for the Red W(h)ine

Professor VC

Im also a strong believer that your track record and reputation are your most valuable assets in the venture community. In how many of those were you a lead investor? What percentage of your members are not active angel investors (i.e. I am an active angel investor and on the board of Sand Hill Angels.